The northern province of Vinh Phuc’s industry has been growing to become a key economic sector that contributes greatly to the local gross regional domestic production (GRDP).
Owners of motorbikes more than 18 years old and failing to meet emission standards in Hanoi may receive a subsidy to purchase a new bike under a programme proposed by the city’s Department of Natural Resources and Environment.
Investment for Ho Chi Minh City’s first Bus Rapid Transit (BRT) route extending 25km between the city’s eastern and western sections has been cut by 13 million USD to 143 million USD by the municipal People’s Committee.
Some UPCOM-listed companies are enjoying stable earnings brought by joint ventures they established with foreign partners, but their core businesses remain insignificant.
Personal registration plates could soon be seen on motorbikes and cars nationwide, as a new law is being drawn up to allow people to buy exclusive numbers.
Prime Minister Nguyen Xuan Phuc has sent an urgent message to ask localities to take drastic measures to prevent particularly serious traffic accidents.
HCM City plans to spend nearly 400 trillion VND (17.3 billion USD) on improving public transport and limiting the use of personal vehicles during the next decade.
The Vietnam Association of Motorcycle Manufacturers (VAMM) has said its five members, namely Honda, Piaggio, Suzuki, SYM, and Yamaha, sold 518,920 motorbikes in the second quarter of 2020, a year-on-year drop of 30.77 percent.
Ho Chi Minh City is carrying out multiple methods and programmes to reduce air pollution and CO2 emissions in its aim to create a "clean, green and beautiful" city.
All vehicles providing cargo and passenger transportation services must change from white licence plates to yellow ones with black letters and numbers from August 1, according to the Traffic Police Department under the Ministry of Public Security.
Vietnamese electric motorbike manufacturer PEGA has recently signed contracts with a value of nearly 3 million USD to export two types of electric motorbikes to Cuba after its partner in the Caribbean nation had successfully tested and assessed the products’ overall quality.
Ho Chi Minh City witnessed a sharp fall in the State budget revenue but a surge in spending during the first half of 2020 due to COVID-19 impact, according to the municipal Statistics Office.
Motorcycle and automobile sales by Honda Vietnam rocketed up 193 percent and 222 percent month-on-month, respectively, in May, following a nosedive of 72 percent in April due to COVID-19.
Gas emissions from motorbikes will be periodically checked under the revised Law on Road Traffic which will be submitted to the National Assembly this year to protect the environment.
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